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Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 640, 620, 692, 652, and 720 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $32 per hour. The company's variable overhead is $21 per unit produced and its fixed overhead is $7,200 per month. Use the information presented to complete the requirements. The drone toy includes 4 LED lights, which cost $15 each. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $26.25.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Galactic's budgeted manufacturing cost per drone. (Note:assume that fixed overhea your answer to 2 decimal places.) Manufacturing cost per unit
Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $26.25.) 2. Determine Galactic's budgeted cost of goods sold for January and February. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Galactic's budgeted cost of goods sold for January and February. Jan Feb Budgeted Cost of Goods Sold